ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gowing Bros's annualized net income for the quarter that ended in Jan. 2026 was A$-1.93 Mil. Gowing Bros's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was A$199.78 Mil. Therefore, Gowing Bros's annualized ROE % for the quarter that ended in Jan. 2026 was -0.97%.
The historical rank and industry rank for Gowing Bros's ROE % or its related term are showing as below:
ASX:GOW'
s ROE % Range Over the Past 10 Years
Min: -9.53 Med: 2.54 Max: 11.41
Current: -1.01
During the past 13 years, Gowing Bros's highest ROE % was 11.41%. The lowest was -9.53%. And the median was 2.54%.
ASX:GOW's ROE % is ranked worse than 78.72% of 1612
companies
in the Asset Management industry
Industry Median: 6.395
vs ASX:GOW: -1.01
Gowing Bros (ASX:GOW) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Gowing Bros ROE % Related Terms
Gowing Bros ROE % Historical Data
* Premium members only.
The historical data trend for Gowing Bros's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Gowing Bros's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gowing Bros ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Gowing Bros's ROE % distribution charts can be found below:
* The bar in red indicates where Gowing Bros's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jan. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Gowing Bros (ASX:GOW) has a ROE % of -0.97% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gowing Bros and its competitors. According to the industry distribution chart, Gowing Bros ranks #1269 out of 1612 companies in the Asset Management industry, placing it in the top 78.7%.
Is Gowing Bros' ROE % too high?
Gowing Bros' current ROE % is -0.97%. Based on the distribution chart, Gowing Bros ranks #1269 out of 1612 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Gowing Bros has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gowing Bros' ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Gowing Bros ranks #1269 out of 1612 companies for ROE %. This places Gowing Bros in the lower half of its industry. The industry median ROE % is 6.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.40, based on 1,612 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gowing Bros and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gowing Bros's current ROE % is -0.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gowing Bros stock overvalued right now?
Based on GuruFocus' analysis, Gowing Bros (ASX:GOW) is currently considered Fairly Valued. The stock's GF Value™ is A$2.16, compared to a current price of A$2.13 — trading 1.4% below its estimated fair value. The current ROE % is -0.97%. Gowing Bros' overall GF Score™ is 53/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Gowing Bros (ASX:GOW), the current ROE % is -0.97% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gowing Bros (ASX:GOW) Overvalued in 2026?
Based on GuruFocus' analysis, Gowing Bros stock appears to be undervalued.
The current stock price of A$2.13 is trading 1.4% below its estimated GF Value™ of A$2.16.
GuruFocus considers Gowing Bros to be Fairly Valued.
Key valuation signals for ASX:GOW:
ROE %: -0.97%
GF Value™: A$2.16 vs. price of A$2.13 (1.4% below fair value)
No single metric tells the full story. See the ASX:GOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gowing Bros Ltd operates as an investment and wealth management company in Australia. Its operating segments include Cash & fixed interest, Equities, Private equities, Investment properties, Development properties, Surf Hardware International business, and others. The company generates majority of its revenue from sale of goods (Surf Hardware International). Its geographical segments include Australia, the United States, Japan, and Europe.
53GF Score
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